Is Elba, AL a good place to invest in rental property?

Elba, AL has a median modeled monthly cash flow of $-578 and a median cap rate of 3.1%, on a median sold price of $144,400. Prices changed -10.2% year over year.

What is the average cap rate in Elba, AL?

The median cap rate across recently sold homes in Elba, AL is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elba, AL?

The median sold price in Elba, AL is $144,400 (about $84 per square foot).

Investing in Elba, AL Real Estate

A data-driven snapshot of the Elba, AL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$144,400Median sold price

$84Median $/sqft

3.1%Median cap rate

$-578Modeled cash flow / mo

-10.2%Appreciation YoY

14.4Months of supply

59Active listings

49Sold (last 12 mo)

What the Elba numbers say

In Elba, AL, the median home sold for $144,400 (about $84 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-578 of monthly cash flow. Sold prices moved -10.2% over the past year. Inventory sits at about 14.4 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Alabama markets to compare

See Elba cash-flowing listings

CashFlowRE ranks every for-sale home in Elba, AL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Elba deals, or browse the national market data.